Educational use only — not investment advice. "Undervalued / fairly valued / overvalued" and every risk score reflect our models vs. price, which can be wrong or based on stale or incomplete data. Always review the company's own financials and SEC filings, and consult a licensed advisor, before acting.
PERF
Fairly valued
Perfect Corp.
Price$1.92
Model IV$1.79
P/IV1.07
Premium +7%
Return to IV: -6.6%
Market implies +8.8%/yr
vs model +12.6% · below model
PLTR
Valuation N/A
Palantir Technologies Inc.
Price$198.78
Model IV—
P/IV—
Market implies +40.6%/yr
PLTS
Valuation N/A
Platinum Analytics Cayman Ltd
Price$17.50
Model IV—
P/IV—
Market implies +31.2%/yr
PRGS
Deeply undervalued
PROGRESS SOFTWARE CORP /MA
Price$38.28
Model IV$99.15
P/IV0.33
Discount 61%
Return to IV: +159.0%
Market implies -1.7%/yr
vs model +15.1% · below model
PTC
Deeply overvalued
PTC INC.
Price$193.73
Model IV$139.75
P/IV1.00
Premium +39%
Return to IV: -27.9%
Market implies +13.9%/yr
vs model +11.7% · in line
PXLW
Valuation N/A
PIXELWORKS, INC
Price$6.04
Model IV—
P/IV—
Market implies +65.8%/yr
QLYS
Undervalued
QUALYS, INC.
Price$193.86
Model IV$270.94
P/IV0.40
Discount 28%
Return to IV: +39.8%
Market implies +7.8%/yr
vs model +15.0% · below model
QNC
Valuation N/A
Quantum eMotion Corp
Price$1.54
Model IV—
P/IV—
Limited data — see page
QTWO
Deeply overvalued
Q2 Holdings, Inc.
Price$58.69
Model IV$41.20
P/IV1.15
Premium +42%
Return to IV: -29.8%
Market implies +14.4%/yr
vs model +12.3% · in line
QUBT
Deeply overvalued
Quantum Computing Inc.
Price$7.45
Model IV$3.21
P/IV3.73
Premium +132%
Return to IV: -56.9%
Market implies +19.4%/yr
vs model +15.0% · above model
QXL
Valuation N/A
QUANTUM X LABS INC.
Price$4.15
Model IV—
P/IV—
Market implies -7.7%/yr
vs model +15.0% · below model
RBLX
Deeply overvalued
Roblox Corp
Price$45.52
Model IV$28.93
P/IV1.63
Premium +57%
Return to IV: -36.4%
Market implies +7.8%/yr
vs model +26.4% · below model
RBRK
Deeply overvalued
Rubrik, Inc.
Price$120.89
Model IV$25.21
P/IV4.58
Premium +380%
Return to IV: -79.1%
Market implies +24.7%/yr
vs model +30.0% · below model
RCAT
Valuation N/A
Red Cat Holdings, Inc.
Price$5.91
Model IV—
P/IV—
Market implies +27.8%/yr
vs model +50.0% · below model
RDVT
Deeply overvalued
Red Violet, Inc.
Price$79.86
Model IV$38.68
P/IV1.47
Premium +106%
Return to IV: -51.6%
Market implies +22.5%/yr
vs model +17.4% · above model
ROC
Deeply overvalued
Rank One Computing Corp
Price$3.55
Model IV$2.33
P/IV1.79
Premium +52%
Return to IV: -34.4%
Market implies +6.3%/yr
vs model +23.9% · below model
RPD
Undervalued
Rapid7, Inc.
Price$12.96
Model IV$15.60
P/IV0.54
Discount 17%
Return to IV: +20.3%
Market implies +6.3%/yr
vs model +12.4% · below model
RPGL
Valuation N/A
Republic Power Group Ltd
Price$40.00
Model IV—
P/IV—
Limited data — see page
RYET
Valuation N/A
Ruanyun Edai Technology Inc.
Price$0.92
Model IV—
P/IV—
Market implies +28.5%/yr
vs model +2.0% · above model
S
Fairly valued
SentinelOne, Inc.
Price$25.40
Model IV$24.72
P/IV0.67
Premium +3%
Return to IV: -2.7%
Market implies +1.1%/yr
vs model +48.7% · below model
SAGT
Valuation N/A
SAGTEC GLOBAL Ltd
Price$0.54
Model IV—
P/IV—
Limited data — see page
SAIL
Deeply overvalued
SailPoint, Inc.
Price$20.02
Model IV$4.27
P/IV4.41
Premium +369%
Return to IV: -78.7%
Market implies +25.1%/yr
vs model +23.8% · in line
SAP
Valuation N/A
SAP SE
Price$212.40
Model IV—
P/IV—
Limited data — see page
SEGG
Valuation N/A
Sports Entertainment Gaming Global Corp
Price$1.80
Model IV—
P/IV—
Market implies +45.9%/yr
vs model +2.0% · above model
SHOP
Deeply overvalued
SHOPIFY INC.
Price$164.56
Model IV$24.63
P/IV4.82
Premium +568%
Return to IV: -85.0%
Market implies +46.3%/yr
vs model +21.7% · above model
SKIL
Valuation N/A
Skillsoft Corp.
Price$6.14
Model IV—
P/IV—
Market implies -7.0%/yr
vs model +7.6% · below model
SMSI
Valuation N/A
SMITH MICRO SOFTWARE, INC.
Price$2.54
Model IV—
P/IV—
Market implies +24.3%/yr
vs model +2.0% · above model
SNAL
Valuation N/A
Snail, Inc.
Price$2.27
Model IV—
P/IV—
Limited data — see page
SNOW
Valuation N/A
Snowflake Inc.
Price$343.40
Model IV—
P/IV—
Market implies +42.4%/yr
vs model +8.0% · above model
SNPS
Deeply overvalued
SYNOPSYS INC
Price$497.75
Model IV$108.86
P/IV4.37
Premium +357%
Return to IV: -78.1%
Market implies +23.3%/yr
vs model +13.8% · above model
SOUN
Deeply overvalued
SOUNDHOUND AI, INC.
Price$5.52
Model IV$1.62
P/IV3.71
Premium +241%
Return to IV: -70.7%
Market implies +26.8%/yr
vs model +50.0% · below model
SOUNW
Deeply undervalued
SOUNDHOUND AI, INC.
Price$0.54
Model IV$1.38
P/IV0.46
Discount 60%
Return to IV: +152.7%
Market implies -10.9%/yr
vs model +50.0% · below model
SPSC
Fairly valued
SPS COMMERCE INC
Price$83.32
Model IV$74.29
P/IV1.09
Premium +12%
Return to IV: -10.8%
Market implies +12.8%/yr
vs model +13.9% · in line
SPT
Deeply undervalued
Sprout Social, Inc.
Price$11.08
Model IV$28.25
P/IV0.35
Discount 61%
Return to IV: +155.0%
Market implies -16.5%/yr
vs model +24.9% · below model
SSACR
Valuation N/A
SPACSphere Acquisition Corp.
Price$0.18
Model IV—
P/IV—
Limited data — see page
SSACW
Valuation N/A
SPACSphere Acquisition Corp.
Price$0.07
Model IV—
P/IV—
Limited data — see page
SSNC
Deeply undervalued
SS&C Technologies Holdings Inc
Price$80.65
Model IV$146.52
P/IV0.54
Discount 45%
Return to IV: +81.7%
Market implies +0.8%/yr
vs model +10.1% · below model
SSTI
Deeply undervalued
SOUNDTHINKING, INC.
Price$8.26
Model IV$16.24
P/IV0.35
Discount 49%
Return to IV: +96.7%
Market implies -12.5%/yr
vs model +15.7% · below model
SVAQ
Valuation N/A
Silicon Valley Acquisition Corp.
Price$10.16
Model IV—
P/IV—
Limited data — see page
SVAQU
Valuation N/A
Silicon Valley Acquisition Corp.
Price$10.48
Model IV—
P/IV—
Limited data — see page
SVAQW
Valuation N/A
Silicon Valley Acquisition Corp.
Price$0.46
Model IV—
P/IV—
Limited data — see page
SVCO
Valuation N/A
Silvaco Group, Inc.
Price$7.99
Model IV—
P/IV—
Market implies +21.5%/yr
SWMR
Valuation N/A
Swarmer, Inc
Price$13.13
Model IV—
P/IV—
Limited data — see page
TAOP
Undervalued
Taoping Inc.
Price$0.42
Model IV$0.54
P/IV1.18
Discount 22%
Return to IV: +28.1%
Market implies -4.7%/yr
vs model +2.0% · below model
TDC
Fairly valued
TERADATA CORP /DE/
Price$30.29
Model IV$26.94
P/IV1.08
Premium +12%
Return to IV: -11.1%
Market implies +7.9%/yr
vs model +7.4% · in line
TEAM
Valuation N/A
Atlassian Corp
Price$203.57
Model IV—
P/IV—
Market implies +146.6%/yr
TENB
Deeply overvalued
Tenable Holdings, Inc.
Price$39.01
Model IV$12.02
P/IV3.01
Premium +225%
Return to IV: -69.2%
Market implies +26.8%/yr
vs model +13.4% · above model
TTAN
Deeply overvalued
ServiceTitan, Inc.
Price$72.93
Model IV$43.67
P/IV1.87
Premium +67%
Return to IV: -40.1%
Market implies +6.6%/yr
vs model +27.1% · below model
TTWO
Deeply overvalued
TAKE TWO INTERACTIVE SOFTWARE INC
Price$209.37
Model IV$160.32
P/IV1.40
Premium +31%
Return to IV: -23.4%
Market implies +0.1%/yr
vs model +17.4% · below model
TUYA
Deeply overvalued
Tuya Inc.
Price$1.70
Model IV$0.97
P/IV2.19
Premium +76%
Return to IV: -43.1%
Market implies +11.1%/yr
vs model +4.7% · above model
TWLO
Valuation N/A
TWILIO INC
Price$275.77
Model IV—
P/IV—
Market implies +61.0%/yr
vs model +16.6% · above model
TYL
Fairly valued
TYLER TECHNOLOGIES INC
Price$331.15
Model IV$296.05
P/IV1.12
Premium +12%
Return to IV: -10.6%
Market implies +10.8%/yr
vs model +11.4% · in line
U
Valuation N/A
Unity Software Inc.
Price$45.89
Model IV—
P/IV—
Market implies +35.4%/yr
vs model +13.6% · above model
UPLD
Deeply undervalued
Upland Software, Inc.
Price$3.55
Model IV$5.39
P/IV0.66
Discount 34%
Return to IV: +51.8%
Market implies -3.8%/yr
vs model +6.0% · below model
VEEV
Valuation N/A
VEEVA SYSTEMS INC
Price$284.84
Model IV—
P/IV—
Market implies +133.2%/yr
VERX
Valuation N/A
Vertex, Inc.
Price$12.77
Model IV—
P/IV—
Limited data — see page
VIA
Deeply undervalued
Via Transportation, Inc.
Price$30.93
Model IV$48.80
P/IV0.61
Discount 37%
Return to IV: +57.8%
Market implies -6.9%/yr
vs model +32.1% · below model
VIDA
Valuation N/A
VIDA Global Inc.
Price$1.38
Model IV—
P/IV—
Limited data — see page
VRNS
Deeply overvalued
VARONIS SYSTEMS INC
Price$48.88
Model IV$16.27
P/IV2.97
Premium +200%
Return to IV: -66.7%
Market implies +13.3%/yr
vs model +12.4% · in line
VTEX
Valuation N/A
VTEX
Price$3.95
Model IV—
P/IV—
Market implies -50.0%/yr
vs model +10.2% · below model